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Nysd Housing Development Fund Company Inc C/O Fegs Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133581374 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nysd Housing Development Fund Company Inc C/O Fegs Inc?

Nysd Housing Development Fund Company Inc, under the management of Fegs Inc, is a nonprofit organization that is dedicated to providing housing solutions for individuals with disabilities. They operate a 40-unit housing project specifically designed for these individuals, ensuring they have a safe and comfortable living environment. This organization's mission is centered around enhancing the quality of life for disabled persons by providing them with appropriate housing facilities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

Nysd Housing Development Fund Company Inc C/O Fegs Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in various accountability and financial metrics. With an overall score of 75%, the organization demonstrates good governance practices, with 100% of its board members being independent and a strong emphasis on financial oversight.

The nonprofit excels in its program expense ratio, allocating approximately 90.86% of its budget to programs, which shows a strong commitment to its mission and beneficiaries. The presence of a whistleblower policy and a conflict of interest policy further reinforces its dedication to transparency and ethical management.

While the organization shows strengths in governance and financial management, potential donors may want to consider other qualitative aspects such as impact measurement and program effectiveness, which are not detailed in the current rating summary. Overall, Nysd Housing Development Fund is positioned as a reliable nonprofit with effective oversight and a high proportion of spending directed towards its programs.


This AI summary has been generated from information found on Charity Navigator.

Is Nysd Housing Development Fund Company Inc C/O Fegs Inc legitimate?

Nysd Housing Development Fund Company Inc C/O Fegs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nysd Housing Development Fund Company Inc C/O Fegs Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,030

For more financial information, click here

What is the mission statement of Nysd Housing Development Fund Company Inc C/O Fegs Inc?

Nysd Housing Development Fund Company Inc, operating under Fegs Inc, is dedicated to providing housing for individuals with disabilities. Their primary mission is realized through the operation of a 40-unit housing project specifically designed for such individuals. This organization's work aims to enhance the living conditions and provide a suitable environment for people with disabilities, promoting their overall well-being and quality of life.

Who is the CEO of Nysd Housing Development Fund Company Inc C/O Fegs Inc?

Judith Pincus is the President of Nysd Housing Development Fund Company Inc C/O Fegs Inc.

What is the revenue of Nysd Housing Development Fund Company Inc C/O Fegs Inc?

Nysd Housing Development Fund Company Inc C/O Fegs Inc's revenue in 2023 was $1,260,032.

Who are the executives of Nysd Housing Development Fund Company Inc C/O Fegs Inc and what are their salaries?


Here are 3 key members and their salaries:


Judith Pincus (President)
  • Compensation: $0
  • Related: $235,843
  • Other: $36,729
Michael Kirshner (Vp/Treasurer)
  • Compensation: $0
  • Related: $221,434
  • Other: $55,866
Andrew Slutsky (Secretary)
  • Compensation: $0
  • Related: $116,156
  • Other: $50,850
Where can I find the form 990 for Nysd Housing Development Fund Company Inc C/O Fegs Inc?

Nysd Housing Development Fund Company Inc C/O Fegs Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nysd Housing Development Fund Company Inc C/O Fegs Inc

Nysd Housing Development Fund Company Inc C/O Fegs Inc is committed to providing housing for individuals living with disabilities. This nonprofit organization operates a 40-unit housing project specifically designed to cater to the needs of these individuals. By offering suitable housing, Nysd Housing Development Fund Company Inc C/O Fegs Inc aims to enhance the quality of life for disabled persons, providing them with a safe and supportive environment. The organization's mission is deeply rooted in the belief that everyone deserves a place to call home, regardless of their physical abilities.

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Impact




October, 2024

Nysd Housing Development Fund Company Inc C/O Fegs Inc plays a crucial role in providing housing specifically tailored for disabled individuals. By operating a 40-unit housing project in New York, the organization addresses a significant need within the community, ensuring that people with disabilities have access to safe, supportive living environments. This initiative not only enhances the quality of life for its residents but also promotes inclusion and independence among disabled individuals. The impact of this organization extends beyond mere accommodation, fostering a sense of belonging and community among residents while contributing to the overall well-being of the disabled population in the area.




This information is meant to be a general summary of Nysd Housing Development Fund Company Inc C/O Fegs Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,260,032 (2023)
Expenses
$916,302 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $28,835
  • Program Service Revenue: $1,231,197
  • Gross Receipts: $1,260,032

Assets and Liabilities:

  • Total Assets: $3,900,868
  • Total Liabilities: $4,291,269
  • Net Assets: -$390,401

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,230,353

LAUNDRY & VENDING

Revenue

$844

Organization Details

Founding Year

1990

Principal Officer

Judith Pincus

Main Address

2 PARK AVENUE 20TH FLOOR, NEW YORK, NY, 10016

NTEE Category

Code: P80Z - Human services

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